Xerox Holdings Corp - Ordinary Shares (XRX) Dips 5.1% for October 08

Equities Staff  |

Among the S&P 500’s biggest fallers on Tuesday October 08 was Xerox Holdings Corp - Ordinary Shares (XRX). The stock experienced a 5.1% decline to $28.31 with 2.07 million shares changing hands.

Xerox Holdings Corp - Ordinary Shares started at an opening price of 29.51 and hit a high of $29.66 and a low of $28.29. Ultimately, the stock took a hit and finished the day at $1.52 per share. Xerox Holdings Corp - Ordinary Shares trades an average of n/a shares a day out of a total 226.91 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Xerox Holdings Corp - Ordinary Shares hit a high of $36.58 and a low of $18.58 over the last year.

Xerox Holdings Corp is an original equipment manufacturing and software company. Xerox operates in one segment--design, development and sale of printing technology and related solutions--while deriving 60% of its revenue from North America, and 40% from international markets. The company is an OEM of multifunction printers, or MFPs (printers that can print, copy and scan), focusing on large enterprise markets. Apart from equipment, the company provides post sales services like managed print services--a service that helps to bring smart servicing and efficiencies to how employers use their print/copy equipment. Xerox is attempting to enter new markets like digital print packaging solutions and printed electronics.

With its headquarters located in Norwalk, CT, Xerox Holdings Corp - Ordinary Shares employs 32,400 people. After today’s trading, the company’s market cap has fallen to $6.42 billion, a P/S of n/a, a P/B of 1.29, and a P/FCF of n/a.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Xerox Holdings Corp - Ordinary Shares and to follow the company’s latest updates, you can visit the company’s profile page here: XRX’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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